๐ Analysis:
๐ธShort-term (scalping/day trade): leaning more towards SHORT because the price has broken below the moving average โ potential for further decline.
๐ธMedium-long term: the larger trend is still upward, so if the investment/swing goal is to wait for a deeper correction (support area around 115,500 โ 115,000) to buy/long.
๐ Current recommendation:
๐นFor fast trading: SHORT is safer.
๐นIf you want to buy: wait for the price to get closer to support, do not enter in the middle of a decline.
๐นWould you like me to create the nearest support & resistance levels to clarify entry/exit positions?